Tips and Guides

Saving a 20% deposit for your first home is no easy task – particularly if you want to buy your home in Melbourne or Sydney where home values seem to be rising faster than most people can save. But the good news is that there could be ways to get around the problem.

The comments in the news are enough to make you think saving a deposit for your first home is mission impossible. Not true! Rather than just encouraging you to stop buying #SmashedAvo breakfasts to save your deposit, we’ve put together some practical tips to get your savings account over the finish line.

With a home loan it’s easy to just ‘set and forget’. But it’s sensible to review your home loan every three years or so. We provide a step-by-step guide to refinancing your home, breaking it down into simple layman’s terms. But before we get into that, let us clear up a few common questions about refinancing.